Indian government introduces Atal Bimit Vyakti Kalyan Yojna: Know benefits and how to claim

Indian government introduces Atal Bimit Vyakti Kalyan Yojna: Know benefits and how to claim

A lot of people have been badly affected due to the lockdown imposed to prevent the coronavirus pandemic and its infection from spreading. Many employees were given reduced salaries due to the disruption of industrial activities, so many lost their jobs. A scheme of the government can help in this difficult time for such people who have lost their jobs. A scheme has been launched by the Employees State Insurance Corporation, which is called the Atal Bimit Vyakti Kalyan Yojna (ABVKY).

If the job of the nominee within the Atal Bimit Vyakti Kalyan Yojna has gone through the corona crisis, he will be given an unemployment allowance. Such people will be provided 50% of their salary for three months. This help will be given to those whose jobs have gone between March 24 and December 31 this year. It may be recalled that the ESI Board has recently increased the unemployment allowance under the scheme. Earlier it was 25 percent of the salary, which has been 50 percent. This will benefit about 40 lakh employees working in the industrial sector.  The board has also given relief in the eligibility criteria of the scheme.

Recently, ESIC had also decided to extend the scheme for another year i.e., June 30, 2021. Also, the ESIC board has given beneficiaries of another major relief scheme. After 90 days of the first job, the relief amount could have been paid, now the deadline was reduced to 30 days.

How to make claim for it:

According to ESIC, the nominees within the Atal Bimit Vyakti Kalyan Yojna can put their claim directly in the branch office of the organization. As per the new conditions, instead of sending the claim to the old employer, the relief amount will be paid directly to the bank account of the insured person, which would provide immediate relief to the beneficiary.

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